Added: Feb 5, 2025Changed: Sep 8Last Checked: Sep 8 at 4:30AM
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Investment Insights
Based on property information with market context.
Two infill sites are available for commercial development adjacent to San Isidro Plaza. One lot, located at 4680 San Ignacio Rd (Lot A-2), encompasses approximately 6.811 acres. The second lot, located at 4635 San Ignacio Rd (Lot B), is approximately 1.036 acres. Combined, the lots total approximately 7.847 acres. The properties are situated across the street from the Santa Fe Place regional shopping center, near businesses such as Lowe's, Sprouts, Best Buy, Albertsons, Target, Starbucks, Panera Bread, Ulta, Barnes & Noble, World Market, and Dillards. The 4680 San Ignacio Rd lot has C-2 commercial zoning, which permits retail, restaurants, multifamily housing, hospitality, office, religious, and educational uses. The 4635 San Ignacio Rd lot has Mixed Use zoning, allowing for residential, retail, restaurants, office, personal services, studios, wellness, educational, community facilities, and live/work units, with the condition that MU zoned land can be developed for residential use with up to 50% commercial space. Access is available via San Ignacio Road. The location is near the intersection of Cerrillos Rd and Airport Road. City water and sewer are in place near the lot line, and public utilities are available. The property is located in an Opportunity Zone. If developed for multifamily housing, this property might qualify for financing from the NMFA Opportunity Enterprise Housing Development Fund.
Key Highlights
Prime infill sites totaling 7.847 acres, suitable for commercial development.
Excellent location next to San Isidro Plaza and across from Santa Fe Place.
High traffic area near Cerrillos Rd and Airport Road intersection.
Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
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Business Placement
Demographics for 87507, NM
51,338
Population
21,272
Households
2.4
Avg Household Size
38
Median Age
31%
College-Educated
86%
High-School Grad
96.1 sq mi
ZIP Area
534
Density / Sq Mi
$62,955
Median Household Income
$34,102
Median Earnings
$1,276
Median Rent
$333,300
Median Home Value
Questions? Ask Rey
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Commercial land - Two commercial lots available near Santa Fe Place shopping center.
Where is this commercial land located?
The property is located at 4680 San Ignacio Rd Santa Fe, NM.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Prime infill sites totaling 7.847 acres, suitable for commercial development.; Excellent location next to San Isidro Plaza and across from Santa Fe Place.; High traffic area near Cerrillos Rd and Airport Road intersection.
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New: 350 Mission StJust listed · $36/SF · 2 min ago